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Here’s what you need to know today.
In Q2 of this year, companies like Trulioo raised $476 million, SoleSavy raised $15.5 million and Trait Biosciences Inc. raised $31 million, among many other funding rounds.
Marlon Thompson, CEO of investor education platform Future Capital, shared reflections and insights on a year in operation.
In regards to the first angel investor who came on board, Thompson writes, “…the statement “we want to invest in you” caught me so off guard I don’t really remember what I responded with. I do remember that I didn’t rush the process just to get $ in the bank. It was, and still is, important to me that each investor I work with is more than a cheque.”
An AR iPhone application called Clarity Smile makes it easy for anyone to see how different styles of braces will look on their teeth before they visit an orthodontist.
Craig Golinowski explores ‘How B.C. can become the Silicon Valley for carbon capture and reliable clean energy.’
“For B.C. in particular, the adoption of CCS throughout Canada and globally, along with the subsequent launch of related industries and commerce, will greatly benefit homegrown companies like Carbon Engineering and Svante,” he writes. “At the same time, B.C.-based hydrogen businesses will benefit from increased use of their fuel of choice, made possible by the cost-effective and reliable production enabled by CCS. If B.C.-sourced natural gas supplies the underlying energy, a trifecta of benefits will accrue.”
Following Salesforce’s acquisition of Slack, Colliers executive vice president Matt Carlson asks, “What will happen to Slack’s global offices?”
“Salesforce has received considerable media attention with their hybrid work announcements, with the goal of creating a best workplace from anywhere, for everyone,” he writes. “Their return to work plan will include a mix of flex work, where "most employees" will visit the office 1 - 3 days per week; a small population of their workforce will work in the office 4 - 5 days per week; and some employees will be fully remote. Having built their brand around working remotely - with their app - the tech and real estate communities are interested to see what Salesforce is planning to do with Slack's offices post-acquisition.”
That’s it for today’s Morning Report.
Have a productive and fulfilling day. See you Sunday.
- William (@notionport)